Tag: Credit history

What’s debt consolidation and do I need it? Stuck with a post-Christmas spending hangover? Debt consolidation could be a solution, but tread carefully: there are no easy fixes. Debt consolidation involves taking all your monthly debts – for example, from your credit cards, store cards, mortgage, car and other loans and so on – and rolling them into a single low interest rate loan. If you are rolling all your debt, including high interest rate …

What you need to know about buy now, pay later services Take your product home, pay for it within the specified timeframe, get charged 0% interest. What could go wrong? Branded the modern-day layby, ‘buy now, pay later’ services essentially offer the same thing, except you get the product up front—the outfit, the watch, even certain domestic flights within Australia. If you haven’t heard of buy now, pay later services, or are keen to know …

Digital payment options could see you spend more this Christmas With the festive season just weeks away, Australians are gearing up for the annual peak spending period, and the growth of digital payment options could be widening the gap between what we regard as our spending limit and the balance of our bank account. The disconnect between cards and cash Credit cards make spending (and overspending) very easy, and a new breed of “digital wallets” …

Go easy on the plastic over Christmas With the silly season fast approaching, it’s time to start planning how you pay for Christmas. From gifts to food, the tab can add up quickly. If this year is anything like last Christmas, on average we’ll each spend an extra $1,079 over the December/New Year period, and that’s on top of regular expenses. That makes now the time to draw up a Christmas budget. In addition …

How to Get Yourself Independent from Credit Cards Credit cards have almost become a necessity in today’s world for most people. They have made the use of hard cash a little less important in society while simultaneously becoming something on which people seem almost hooked up. Credit cards can be used constructively to have a positive impact on your life. However, there may be times when they cause a negative financial situation in your life. …

Tips and traps of credit Starting out with a HECS debt is bad enough, but abusing a credit card can also mean trouble. Admittedly it’s tempting to spend with interest rates at current levels, but most credit cards still have double-digit rates.1 Of course a card is useful when you don’t have ready cash, but unless you pay off the balance in full each month the interest costs add up. Credit card statements today …

Sam’s Cawthorn’s Inspiring Story This is Sam’s Cawthorn’s Inspiring Story. In 2008 Sam Cawthorn (Who is now CEO of charity Caring for People) went to India on a holiday. With no intention to start a charity, his life was transformed and he has never been the same. Since then, he brought his family over and him and his wife, Kate birthed The Charity “Caring for People”. Founded on Christian values and ethics the charity seeks …

3 Steps To Get Your Credit Card Charge Back With the end of the season of festivities over, it is time for most of the people– who’ve spent lots of their fortune on making holidays fun for their family and friends – to look back at their credit card bills and go through their expenses. Often during this process some people are likely to come across expenditures that have been deducted from their credit cards …

4 Tips to Force Yourself to become Thrifty with Money Sometimes, you have to be strict with yourself. You have to sit yourself down and order yourself to stop reaching in your wallet to take out money. You need to put an end to your irregular spending habits once and for all. In order for that to happen, you have to become disciplined. You have take steps that might make you shed a tear, at …

3 Reasons For Your Credit Card Application To Be Rejected When you go into a bank and want to apply for a credit card, the reason for your application can be very different to someone else. Some people might want it just for the first time to enter the world of credit, while others may simply want to widen their already present credit card range. Irrespective of why you apply, it is perhaps safe to …